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Why each Libra member’s mutiny hurts Facebook – TechCrunch

There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or growth. Fearing regulators’ inquiries not just into their Libra …

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Big blow to Facebook’s Libra: Mastercard, Visa, Stripe, eBay and Mercado Pago all pull out

The floodgates opened today on Facebook Inc.’s Libra Association as no fewer than five more companies exited the group overseeing the social network’s proposed cryptocurrency: Mastercard Inc., Visa Inc., eBay Inc., Stripe Inc. and Mercado Pago. Reports that some companies were looking to withdraw their support from Libra surfaced Oct. 1, with PayPal Holdings Inc. becoming the first to …

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PayPal Pulls Out of Libra, Facebook’s Cryptocurrency Project

SAN FRANCISCO — PayPal said on Friday that it had pulled out of the coalition of companies involved in a Facebook-backed cryptocurrency initiative, in the latest headache for the social network’s effort. The proposed cryptocurrency, Libra, has been in the works at Facebook for more than a year and was announced to much fanfare in …

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Twitter Is Struggling but Jack Dorsey’s Other Company Is Nearing an All-Time High

Text size While Twitter (TWTR) shares wilt under the threat of government regulation, Jack Dorsey’s other company is on the precipice of an all-time high stock price. Square (SQ) stock, which was trading at $89.65 per share Monday afternoon, is up an eye-popping 158% this year, and 228% over the past 12 months. Since Aug. …

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The Benefits of Accepting Mobile Payments at Your Business

Do you accept mobile payments at your business? If not, you could be missing out on a valuable—and growing—source of income. Although some 61% of small businesses admit to having cash flow problems, many aren’t taking advantage of smartphone technology to accept payments from customers. Small business owners and mobile payments Today, there are more and more …

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How to Sell Digital Products with Google Drive and PayPal

The web has made it incredibly easy for anyone to sell digital products directly to customers through websites, social media, and email newsletters. You can sell PDF ebooks, MP3 music, photos, software apps, gift cards, license keys, coupon codes, website templates, fonts, graphics, video courses, and many more downloadable files. While there are quite a …

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